BANKRUPT M.C. HAMMER PUTS HOME ON THE MARKET.Byline: San Francisco Examiner The San Francisco Examiner is a U.S. daily newspaper. It has been published continuously in San Francisco, California, since the late 19th Century. History
The beginning of the Examiner is a topic of some controversy.
The massive white house at the top of Vista del Sol Vista Del Sol is a neighborhood in East El Paso, Texas which is mostly upper-middle class. is on the market again. It is the house that rap built - M.C. Hammer's $12 million spread.
The one with the $2 million worth of marble, the indoor and the outdoor pools, the three waterfalls and the control panels that regulate temperature, humidity and even draw the draperies.
The house is on the market because M.C. Hammer is broke. He declared Chapter 11 bankruptcy protection in April 1996, claiming $9.6 million in assets and $13.7 million in debts.
Seated in his floor-to-ceiling gray marble The Gray Marble (Anthocharis lanceolata) is a butterfly in the Pieridae family. Its range is the west coast of USA and Canada. office - the one with customized marble niches designed to hold his Grammy and People's Choice awards The People's Choice Awards is an awards show recognizing the people and the work of popular culture. The show has been held annually since 1975 and is one of the few to be based on the opinions of the general public. - Hammer breathes a huge sigh, cracks a wide grin and says, ``How do I feel about movin' out of here? Relieved.''
When Hammer, born Stanley Kirk Burrell in Oakland, Calif., 35 years ago, released ``Please Hammer Don't Hurt 'Em'' in 1990, Forbes magazine estimated his earnings at $33 million. And it appears that he spent every cent.
He owned a stable of thoroughbred horses and 17 cars, including a Hummer and a Ferrari. He hobnobbed with sports greats like Evander Holyfield, Dan Marino and Deion Sanders (one of his creditors, from whom Hammer borrowed $500,000), not to mention the Sultan of Brunei and members of the Saudi royal family. And he built his dream house right under Mission Peak, with a panoramic view of the Peninsula, two bridges, Shoreline Amphitheatre and the NUMMI NUMMI New United Motor Manufacturing, Inc.
NUMMI New United Motors Manufacturing Inc. automobile plant.
``When I moved in here, it felt more like I was still on vacation,'' he says. ``In my world travels, I stayed at the finest hotels. I've seen the best.''
This may account for the razzmatazz razz·ma·tazz
1. A flashy action or display intended to bewilder, confuse, or deceive.
2. Ambiguous or evasive language; double talk.
3. Ebullient energy; vim. quality of Hammer's decorating - the acres of black marble, the mirrored bathrooms and the massive gold and black marble Jacuzzi in the bedroom.
``That pop-up TV console in the bedroom? I got the idea at the Mirage in Vegas.''